Image
IB LOGIN
Image
  • Personal
  • Business
  • Corporate
About
Locations
Support
Global
Account
Login

Step 1 of 6 - Welcome

16%
  • Black african american young yoman drinking coffee
    Company & Business Accounts Online Guide

    Please ensure you have all items readily available and saved in PDF or JPEG format before you begin to fill in the online business account opening form.

    General Requirements 

    • 1 current passport photograph of yourself (and for all other directors if not a sole proprietorship)
    • Valid identification document of yourself – national ID for Ugandans or passport for foreign nationals (and for all other directors if not a sole proprietorship)
    • Personal valid email address and phone number (and for all other directors if not a sole proprietorship)
    • Read our product and services prices here or on your chosen product Key Facts Document here
    • Read and agree to our business account terms and conditions here

    Requirements By Entity Type

    • Sole Proprietorships
      Click here for requirements
    • Partnership Firms
      Click here for requirements
    • Limited Liability
      Click here for requirements
    • Clubs / Societies / NGOs / Churches / Charities
      Click here for requirements
    • Trusts / Administrators / Executors / Liquidators
      Click here for requirements
    • Submit a color photo taken in the last 6 months
    • Use a clear image of your face. Do not use filters commonly used on social media
    • Have someone else take your photo. Selfies are not allowed
    • Take off your eyeglasses for your photo
    • Use a plain white or off-white background
    • Ensure head position is straight
    • Please do not smile
    • Do not wear a hat or head covering that obscures the hair or hairline unless worn daily for a religious purpose. Your full face must be visible, and the head covering must not cast any shadows on your face.
    • Once you submit your business account opening application, you will receive an email and SMS notification from us with a unique reference number which you should save securely
    • Our service teams will verify the information you have provided
    • If unsuccessful, you will receive a call from our service excellence team with guidance on what is required for a successful application
    • If successful, you will receive an SMS notification and email notification confirming that your business account has been created
    • You will be required to activate your new business account by making a deposit of at least UGX 150,000 onto the account to enable your cheque book production and validation of company registration documents
    • Your company will be required to deliver hand-deliver hard copies of all certified documents within five working days to your preferred branch to enable the completion of the company account opening exercise
    • Thank you for choosing BANK OF AFRICA
  • Referral

    Have you been referred?
  • About your business

    What do you do?
  •  
  • About the directors / shareholders

    Who are the business directors and or shareholders?
  • Name  
     
    • Edit
    • Delete
    There are no individual directors.

    Maximum number of individual directors reached.


  • Legally registered name  
     
    • Edit
    • Delete
    There are no company shareholders.

    Maximum number of company shareholders reached.

  • About your new business account

    Your preferred business account
  •  
  • How shall we bank your business

    Mobile Wallet, VISA Cards, Internet Banking and Cheque Book options
  • Mobile Wallet

  • Internet Banking

  • Expected business account activity

    Expected volume and value of transactions on your business account (per month)
  • Transactions Number of transactions Value (UGX)  
         
    • Edit
    • Delete
    There are no expected A/C activities.

    Maximum number of expected a/c activities reached.

  • Related accounts

    Do you have accounts in other banks?
  • Bank A/C Number Branch  
         
    • Edit
    • Delete
    There are no related accounts.

    Maximum number of related accounts reached.

  • Please define the mode of access to your business account. You can set up as many as four unique signing mandates with varying signatory combinations and limits for each

  • Mandate 1

    First signing mandate
  • Mandate 2

  • Mandate 3

  • Mandate 4

  • Please attach your entity's scanned certified registration documents below to proceed

  • Limited company accounts

  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Sole proprietorship accounts

  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Clubs/ Societies/ NGOs/ Churches/ charities accounts

  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Trusts / administrators / executors / liquidators accounts

  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Partnership & unincorporated business accounts

  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Accepted file types: jpg, gif, png, pdf.
    Choose file
    No file chosen
  • Customer declaration & conditions acceptance

  • FATCA declaration

    Foreign Account Tax Compliance Act
  • Please fill in the FATCA form below and upload them to continue:
    Form W-9 (for US citizens, residents or entities)
    Form W-8BEN (For Foreign/ Non US persons) Form W-8BEN-E (For Foreign/Non US entities)
  • Drop files here or
    Upload completed forms:
    Form W-9 (for US citizens, residents or entities)
    Form W-8BEN (For Foreign/ Non US persons)
    Form W-8BEN-E (For Foreign/Non US entities)
  • Politically Exposed Persons (PEP)

    Politically Exposed Persons
  • General declarations

    Customer declaration & conditions acceptance
  • *
  • *
  • *
  • *
  • *
  • *
  • *
  • *
  • *
  • *
  • Contact

    How do you want us to contact you?
Share
Image

For you

  • Open An Account
  • Instant Cash Salary Loan
  • Home Loans
  • Mobile Banking

For Business

  • Open A Business Account
  • Working capital finance
  • Forex
  • Internet Banking

Corporate

  • Open A Corporate Account
  • Sector Specialized Banking
  • Value Chain Care
  • Internet Banking

Support

  • Contact Us
  • Banking Guide
  • Guided Account Opening
  • Security tips

Brand

  • Who we are
  • Notices
  • Careers

Customer deposits are protected by the Deposit Protection Fund Of Uganda up to UGX 10 million

BANK OF AFRICA IN UGANDA (Licence Number A1.001) is regulated by BANK OF UGANDA
2023 © BANK OF AFRICA - UGANDA Ltd. All rights reserved.

Image
Start your journey
PersonalBank, Borrow, Forex & Elite Banking
BusinessFinancing, Banking, Forex, Treasury
CorporateSectors, Global Network, Treasury
Support
  • Contact
  • Whistleblow
  • Rate Us
  • Locations
  • Feedback
  • Banking Guide
Brand
  • About
  • Management
  • Board of Directors
  • Global

Sole Proprietorships (In addition to the stated general requirements)

  • Certified copy of the certificate of registration
  • Certified copy of registration particulars of business name/any changes thereof
  • Trading license
  • TIN

    Partnership Firms (In addition to the stated general requirements)

    • Certified copy of certificate of registration
    • Certified statement of registered particulars of the business name/any change thereof
    • Registered/certified copy of partnership deed
    • Trading license
    • TIN

      Limited Liability Firms (In addition to the stated general requirements)

      • Certified copy of certificate of incorporation (and/or any change of name)
      • Certified memorandum and articles of association (and any amendments thereof)
      • Registered resolution of the board of directors sanctioning the opening of the account
      • Letter requesting to open an account on official company headed paper
      • Certified particulars of directors and secretary (company form 7) or certified copy of the changes thereof, or the latest annual return
      • Trading license
      • TIN

      Clubs / Societies / NGOs / Churches / Charities (In addition to the stated general requirements)

      • Trust deed (where applicable)
      • Certified copy of certificate of registration
      • Certified by-laws/constitution/copy of relevant Act
      • Resolution extracted from the club, society, charity meeting minutes approving the account opening duly signed by authorized representatives
      • Letter requesting to open an account on the official headed paper of the club, church, society, NGO, or charity
      • Trading license
      • TIN

        Trusts / Administrators / Executors / Liquidators Accounts (In addition to the stated general requirements)

        • Certified copy of the certificate of registration / Letter of probate or letters of administration
        • Trust deed and supplementary deeds for any change in trustees
        • Certified trust resolution as specified in the trust deed
        • Tax identification number for each trustee and signatory
        • The official returns showing the registered office or the principal place of business for the Trust
        • Name of the founder or sponsor (Trusts)

        Your compare list

        Compare
        REMOVE ALL
        COMPARE
        0